DXY finally got out of its range and making its way back up to the monthly highs! I am expecting price to break last week's high this week.
I am looking at an early double bottom pattern. we are at the monthly support. We also bounced off the 50% fib level and made a new Higher low. I am thinking that XXXUSD will be an overall down trend and USDXXX will be an overall uptrend this week. We do have some news this week, so we have to be careful when we enter.
DXY is in good position. It can go either way. It can continue to the upside or start to break the trendline and market structure and start falling. I think the market may start to give clear direction during London or New York Session.
EURUSD - Here we go we finally made it to the top of that daily order block and on its way down inside this declining channel. on the 4 hour you can see that we are under the 200 Ma! we are indeed on a full down trend. I would just enter nothing but sells. Dollar is on its way up. it just needs to break that weekly low and we all money
looking for the dollar to start walking up to the supply aka main resistance area
Bitcoin is on a downtrend and may have a very very high chance that the market will hit around 29. When we get to this level i will be looking to get in a Buy. I want the market to make a double bottom and break the neckline and then hold.
GU may have a sell in its future. DXY may start heading upside tomorrow morning. market has to break resistance line looking for morning stars and rejection candle and a break and retest before ending trade. its a very slim chance the market will head up. RSI is almost at 70 and 200 MA still favors the downside
We have this Ascending triangle that formed. This may take a while for the market to break out. Im looking for a break and retest before entering in. I am not in this buy yet. 200 MA letting me know we looking for buy momentum
Gold has a double top. possible downtrend coming tomorrow after the news. RSI is under 50 meaning the momentum is been sell-focused. If the market break and retests above resistance then we can speculate buys
The market is under 200 MA. looking for a break to the downside. EU developed a bearish flag. RSI below 50 range since December
GJ is in a compromising spot. its literally at the tip of the triangle that it's been respecting forever. It may start to reject a couple of times before breaking to the upside. If it does I have it marked where I think it will go to. If you look to your left GJ likes to form head and shoulders.
GU bounced off main support and made a strong engulfing bullish candle. the market pulled back and maybe headed for the rest of the week.
Markey forming a double bottom. The market did not break the low. if the market breaks that high then we have an even higher chance that the market will be heading further to the up side.
DXY- looking bearish with a (head and shoulder) formation however if that market breaks that high then we will be heading to the upside my I highly doubt it.
The market broke the 200 ma and the neckline. we looking for the break and reset.
Nas finally looking like it wants to start heading to the upside. clear and clean double bottom. need to break that neckline and retest. RSI- is above 50 on the 1 hour
GJ - Broke and retested the trend line and now it made a new low. RSI is below 50
Gold is at resistance line for hours lets see if the market will favor the down side. Waiting on engulfing candle or pinbar.